The Eleventh Circuit on Tuesday rejected President Donald Trump's bid for the full appeals court to weigh his $475 million suit against CNN over the network calling his 2020 presidential election fraud claims a "Big Lie," leaving intact a November panel ruling affirming the case's dismissal.
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TOP NEWS

Trump Can't Get 11th Circ. Redo On CNN Defamation Suit Toss

By Kelcey Caulder

The Eleventh Circuit on Tuesday rejected President Donald Trump's bid for the full appeals court to weigh his $475 million suit against CNN over the network calling his 2020 presidential election fraud claims a "Big Lie," leaving intact a November panel ruling affirming the case's dismissal.

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Dr. Oz Claims Florida Also Has Healthcare Fraud Problem

By David Minsky

Dr. Mehmet Oz, the administrator for the Centers for Medicare & Medicaid Services, announced Tuesday that he is taking his efforts to combat healthcare-related fraud to Florida, where he says millions of dollars have been wasted on schemes involving durable medical equipment.

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Alcon Drops $430M Lensar Deal Under Pressure From FTC

By Matthew Perlman

Swiss eye care company Alcon Inc. has abandoned its planned purchase of a Florida-based maker of laser treatments for cataracts, Lensar Inc., after the Federal Trade Commission threatened to block the $430 million deal.

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Fla. Judge Orders Consumers To Arbitrate Binance Claims

By Carolina Bolado

A Florida federal judge sent two proposed class suits against Binance to arbitration Monday after finding that the arbitration provision of Binance's terms of use applied to the investors' claims that the exchange laundered stolen cryptocurrency.

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ENFORCEMENT

OFAC Fines Broker $1.1M Over Apparent Sanctions Violations

By Sarah Jarvis

The U.S. Department of the Treasury's Office of Foreign Assets Control on Tuesday announced that Florida brokerage TradeStation Securities Inc. has agreed to pay more than $1.1 million to settle potential civil liability for violating the regulator's sanctions programs for Iran, Syria and Crimea.

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LITIGATION

Fla. Student Group Says Deactivation Violated Free Speech

By David Minsky

A College Republicans chapter at the University of Florida told a federal court that the university violated its First Amendment rights when the school revoked its registration after a chapter member's alleged off-campus antisemitic speech.

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Jushi, Ex-COO Settle Whistleblower Retaliation Suit

By Carolina Bolado

A former Jushi Holdings Inc. executive who claimed a cannabis company fired him in retaliation for compliance with safety standards told a Florida federal court he has settled his suit.

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DEALS

Drug Developer GNQ To Go Public Via $500M SPAC Deal

By Jade Martinez-Pogue

Techbio company GNQ Insilico has announced plans to go public by merging with special-purpose acquisition company IB Acquisition Corp. in a deal that values it at $500 million and was built by four law firms.

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EXPERT ANALYSIS

Human Diligence Crucial As AI Raises Real Estate Fraud Risks

A recent title fraud warning from Florida officials demonstrates that artificial intelligence has lowered the barrier to committing complex property scams, forcing real estate industry stakeholders and attorneys to prioritize contextual review in transactions, says Neil Cohen at Barsh and Cohen.

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LEGAL INDUSTRY

Analysis

Texas Biz Court's Likely Role In Patent Fights Becoming Clear

By Dani Kass

The Texas Business Court has released its first opinion exploring when intellectual property can be used to create jurisdiction, and attorneys say the decision involving state trade secret law offers insight into when patent matters can be pursued there.

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Conn. Justices Won't Hear Ex-Alex Jones Atty's Ethics Case

By Andrea Keckley

The Connecticut Supreme Court will not hear a challenge to the two-week suspension of Alex Jones' former lawyer, leaving intact an intermediate Appellate Court decision affirming the pared-down punishment surrounding his law firm's handling of Sandy Hook Elementary School massacre victims' personal information.

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Calif. Bills Would Reform Litigation Funding, Client Recruiting

By Emily Sawicki

Two new bills introduced to the California Assembly this week seek to impose reforms on the state's legal industry, including adding mandatory disbarment for attorneys convicted of felony "capping" — or illegally paying for client recruitment — and blocking corporate litigation funders from influencing cases.

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Senator Unveils Draft AI Bill Intended To Wipe Out State Regs

By Hailey Konnath

Sen. Marsha Blackburn, R-Tenn., on Wednesday released a draft of proposed legislation that would override a "patchwork" of state artificial intelligence regulations, touting the proposal as protecting "children, creators, conservatives and communities" and slamming the state regulations as hindering "AI innovation."

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Biotech Investor Blames Pierce Atwood For Messy Asset Sale

By Julie Manganis

A Ukrainian billionaire who was recently ordered to pay other investors in a failed genetic testing company more than $1.8 million in damages is blaming the Pierce Atwood LLP lawyers who advised him on what a court later found to be a "fundamentally unfair" forced asset sale.

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Powell Says He Won't Make Fed Exit While Facing DOJ Probe

By Jon Hill

Federal Reserve Chair Jerome Powell said Wednesday that he will stay on as a board member of the central bank if he remains under U.S. Department of Justice investigation when his term as Fed chairman runs out this spring.

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LAW FIRMS IN TODAY'S NEWS

ArentFox Schiff

Assouline & Berlowe

Ballard Spahr

Barnes & Thornburg

Brito PLLC

Bryan Cave

Carlton Fields

Carstens Allen

Cassels Brock

Cleary Gottlieb

Corr Cronin

Dentons

Downtown LA Law Group

Gunster Yoakley

Herman Jones LLP

Jackson Walker LLP

Katten Muchin

Keller Rohrback

McNaul Ebel

Morgan Lewis

Pierce Atwood

Pratt & Flack

Prinz Law Firm

Quinn Emanuel

Robbins Geller

Sabatini Law Firm PA

Silver Miller

Winston & Strawn

Withersworldwide

COMPANIES IN TODAY'S NEWS

ABC News

Alamo Title Co.

Alcon Inc.

Alcon Vision LLC

American Bar Association

Binance Holdings Ltd.

Binance.US

CBS Interactive Inc.

Cable News Network Inc.

Coinbase Global Inc.

Consumer Attorneys of California

Exxon Mobil Corp.

Jushi Holdings Inc.

Los Angeles Times

Nasdaq Inc.

Pathway Genomics Corp.

State Bar of California

The New York Times Co.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Centers for Medicare & Medicaid Services

Delaware Court of Chancery

Federal Bureau of Investigation

Federal Reserve System

Federal Trade Commission

National Institute of Standards and Technology

Occupational Safety and Health Administration

Office of Foreign Assets Control

Texas Legislature

Texas Supreme Court

U.S. Court of Appeals for the Eleventh Circuit

U.S. Department of Justice

U.S. Department of the Treasury

U.S. District Court for the District of Columbia

U.S. District Court for the District of Massachusetts

U.S. District Court for the Northern District of Florida

U.S. District Court for the Southern District of Florida

U.S. District Court for the Western District of Washington